ABSOLUTE INTEREST
Complete and total ownership of a property or asset. An individual who posses an absolute interest has both beneficial and legal possession of the mentioned property or asset. The term "absolute interest" informs that the interest of the owner is not diluted by an ownership of another party, nor dependent on conditions that needs fulfillment.
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Harmonic Average
Also referred to as harmonic mean, the mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of ...
Strategic Default
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Blank Endorsement
Endorsement permitting any instrument holder to possess a claim for payment. Since it indicates no payee, it converts the instrument into a bearer ...
Mirror Trading
A forex strategy which allows investors to duplicate the forex trading behavior of veteran and successful investors around the world. Developed in ...
Jobless Recovery
An economic recuperation after a recession, where the economy improves in general but the unemployment rate is increasing or remains high over a pr ...
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If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
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Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
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